Six Mistakes Companies Make When Building A Sustainability Plan

Apple, Microsoft and Amazon are just a few of the many companies that have gone public with major climate commitments in the last month alone. Meanwhile, companies are recognizing that sustainability can build resilience, brand loyalty and their bottom line — all at the same time. But while making a commitment is good, it’s only the start of what can be a complex, challenging journey. Creating a plan to achieve that goal is where the hard work comes in. Read more →

NextEra, Renewable-Energy Giant, Seeks Greater Scale With a Duke Takeover

NextEra Energy Inc.’s pursuit of Duke Energy Corp. could result in a merger of utility giants that could speed the renewable-energy transition throughout the South and Midwest. NextEra, the nation’s largest renewable-energy company, is seeking to expand its regulated utility business. Duke, meanwhile, recently proposed plans to invest heavily in renewables as it works to cut carbon emissions and reshape a power-generation portfolio largely reliant on fossil fuels. Read more →

How Duke’s Unique Energy Landscape Dictates Its Path to Net Zero

Duke Energy’s options for reaching net-zero carbon by midcentury will look a lot different than those being pursued by utilities in the sun-soaked Western U.S., or the wind-rich Great Plains, or even those sharing the same Atlantic coastline. While most U.S. utilities have to plan for an electricity peak driven by summer air conditioning and cooling demand, Duke and other Southeastern utilities face an equally daunting winter peak driven by a reliance on electric heating and unpredictable cold snaps. Read more →

The Most Important Climate Pledges Aren’t the Splashy Ones

Companies are outlining their new decarbonization targets and clean investment strategies with hefty declarations such as Walmart Inc.’s plan to reach zero emissions across its global operations in 20 years without relying on carbon offsets. It’s worth watching these announcements, even if their impact is unclear. There have been other commitments recently, though, that are even more immediate, and possibly more compelling. Read more →

California Plans to Ban Sales of New Gas-Powered Cars in 15 Years

California plans to ban the sale of new gasoline-powered cars statewide by 2035. In an executive order, Governor Newsom directed California’s regulators to develop a plan that would require automakers to sell steadily more zero-emissions passenger vehicles in the state, such as battery-powered or hydrogen-powered cars and pickup trucks, until they make up 100 percent of new auto sales in just 15 years. Read more →